Mergers and acquisitions
-
Australia
DOWN UNDER TRUCKING: Australia’s brutal string of trucking accidents
A spate of deadly trucking-related accidents has taken place around Australia over the last week. Truck rollovers were a major contributor to the death toll.…
Read More » -
Canada
Shopify teases out fulfillment strategy after revenue surge
Canadian e-commerce company plans to scale its nascent U.S. Fulfillment Network in 2021, leveraging third-party warehouses and a robot-enabled platform from recent 6 River acquisition.
Read More » -
Canada
TFI reveals trucking, logistics acquisitions
Canadian firm’s earnings report reveals August purchases of Quebec cross-border carrier Craler and Georgia-based logistics provider
Read More » -
Canada
Manitoulin acquires Montreal freight-forwarder ACS
Canadian transportation and logistics firm's freight-forwarding arm makes second acquisition in two weeks, purchasing a company specializing in moving refrigerated cargo and renewable energy components…
Read More » -
Finance
M&A bankers start to price in recession risk
Middle-market leveraged buyouts are cooling, but institutions still taking risk on the venture and growth equity side of the industry.
Read More » -
Canada
Maple Leaf Motoring: Six arrested in C$7 million cargo crime spree near Toronto (with video)
Group accused of hijacking of truck with 8,500 mobile devices, stealing three commercial vehicles and attempting warehouse robberies in an unusually well-planned and brutal case…
Read More » -
Equipment
I.D. Systems becomes PowerFleet following acquisition
I.D. Systems, which renamed itself PowerFleet, will keep the Pointer brand, a well established player in the international wireless truck asset management space.
Read More » -
Canada
Tesla acquires Canadian battery maker Hibar Systems
Electric vehicle firm boosts battery capabilities with the purchase of Toronto-area company specializing in high-volume manufacturing.
Read More » -
Canada
Metro Supply Chain acquires last-mile provider Custom Delivery Solutions
Canadian third-party logistics provider purchases asset-based firms in Calgary specializing in large-format deliveries of consumer goods.
Read More » -
Canada
Kriska buys two small Canadian carriers
Ontario-based firm acquires Trailwood Transport, an automotive specialist located near two Honda plants, and nearby Nexus Freight, which will bolster local capacity.
Read More »